Pacifico Renewables Yield buys three onshore wind parks in Poland
This acquisition represents the Company’s third transaction in 2021 and demonstrates its ability to deliver on its growth trajectory.
Once the transaction closes, the Company’s portfolio growth will amount to 75 MW year to date.
The three wind parks were developed by the Company’s strategic partner, Pacifico Energy Partners GmbH, and comprise a total of 20 wind turbines which all started generating electricity by the end of the first half of 2021.
Prior to signing the purchase agreement, the Company had secured the assets during construction by refinancing existing subordinated debt of the target company in December 2020. ■